Balanced Growth Fund
This is an underlying investment option for BT Investor Choice Funds, Westpac Lifetime Superannuation Service, Westpac Flexible Income Plan and BT Personal Portfolio Service.
Investment objective
The fund aims to provide a high level of capital growth over the long term (at least 5 years) from a balanced portfolio of assets.
Investment strategy
The fund invests either directly in assets or indirectly through collective assets (such as life policies or unit trusts) so that the underlying investments of the fund include assets with high long term growth potential, such as Australian and international shares and property.
| Asset type | Neutral position | Range | |
|---|---|---|---|
|
Cash | 5% | (0 - 20%) |
|
International shares | 22% | (12 - 32%) |
|
Australian shares | 33% | (23 - 43%) |
|
Property securities | 10% | (0 - 20%) |
|
International fixed interest | 10% | (0 - 20%) |
|
Australian fixed interest | 20% | (10 - 30%) |
